YouTube
Is Standard Deviation (Volatility) an unbiased risk measurement?
Quantcop Ep 3: I expose the flaws of standard deviation and mean absolute deviation in risk management. These reactive models amplify noise, misguide risk-taking, and fail in adaptive markets.
Misuse of Linear Regression in Financial Markets
Quant Cop Ep 2: Misuse of linear regression in finance, showing its failure in complex, adaptive markets. About systems science approach, treating markets like weather, not gambling.
Time Derivatives Explained​
Greek Geek Ep 3: I Covereing time-sensitive option Greeks: theta, charm, veta, color, and parmicharma. I explained their formulas and how they evolve over time, highlighting theta’s impact on option value and its derivatives.
Understanding the Volatility Greeks
Greek Geek Ep 2: Impact of implied volatility on option values, focusing on the Greeks affected by this factor. Explaining the concepts of vega, vanna, vomma, veta, zomma & ultima.
Explaining Spot Greeks in Plain English
Greek Geek Ep 1: Options are nonlinear derivatives affected by three dimensions: spot prices, implied volatility, and time. What are those the mathematical concepts?
Misuse of Standard Deviation
Quant Cop Ep 1: All about standard deviation in analyzing extreme market movements, using a real life example. Emphasizing the importance of the math behind these calculations.
Interviews
Interview in collaboration with Jason Shapiro
Jason Shapiro interviews options trading expert Mark Serafini (@SteepGreeks), gaining exclusive insights from a 25-year veteran. Mark, a specialist in options Greeks like gamma, shares his approach to trading SPX 0DTE options to generate alpha, offering a fresh perspective to Jason, who never trades options.
Mark Serafini discussing complexity systems in trading and life
Mark Serafini, a seasoned NYC-based trader, specializes in complex systems and has navigated decades of market turbulence, from the housing crash to volatility shocks and global crises. His ability to thrive in uncertainty makes him a sought-after voice in the trading community.
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Trader Tales
The Weasel
Trader Tales Episode #1: Mark sharing a story about a trader he worked with in the late 1990s, nicknamed "The Weasel." He was a short gamma trader who made a significant profit once on a long bond options trade, but later faced challenges in his career. Mark met him at his first job after college, and remembers Weasels transition from a scooter to a Porsche and back. The Weasel was a fun and interesting person but also a bit of a lunatic.
The Rabbi
Trader Tales Episode #2: A story about a guy Mark worked with in the early 2000s whom he refers to as "The Rabbi." Very smart and successful trader who lived modestly, except for his love for high-end prostitutes. One memorable incident involved him having an upscale escort visit the trading desk...